Alight Solutions is an
information technology and consulting company based in
Chicago, Illinois
Chicago is the List of municipalities in Illinois, most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 United States census, 2020 census, it is the List of Unite ...
. The company provides cloud-based digital business and human capital service solutions; particularly within the areas of wealth and health resources. The company went public on July 6, 2021, trading in the
New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ...
under ALIT.
History
Alight was formed in May 2017 after the acquisition of the benefits outsourcing department of
Aon Hewitt by private equity funds affiliated with
Blackstone Group L.P. It is headquartered in Chicago, Illinois.
In August 2024, Dave Guilmette was hired as a new CEO of the company.
Acquisitions
In March 2018, Alight entered into a definitive agreement to acquire Future Knowledge, an HR advisory company in Australia and New Zealand. In July 2018, Alight acquired Compass Professional Health Services, a healthcare technology company based in Dallas, Texas. In February 2019, India's third largest software services exporter
Wipro
Wipro Limited () is an Indian multinational technology company based in Bengaluru. It provides information technology, consulting and business process services. It is one of India's Big Six IT services companies. Wipro's services include cloud ...
sold their
Workday and
Cornerstone OnDemand business to Alight Solutions for $110 million. On February 22, 2019, Alight announced the acquisition of Carlson Management Consulting, an
Adaptive Insights implementation partner. On August 1, 2019, Employee benefits platform Hodges-Mace was acquired by Alight Solutions. On August 22, 2019, Alight Solutions announced the acquisition of
NGA Human Resources, a provider of digital human resources and global payroll services.
Partnerships
In September 2018,
Wipro
Wipro Limited () is an Indian multinational technology company based in Bengaluru. It provides information technology, consulting and business process services. It is one of India's Big Six IT services companies. Wipro's services include cloud ...
announced a $1.5 billion, 10-year engagement with Alight Solutions. According to its contract with Alight, Wipro has been mandated to digitally transform the Illinois-headquartered company's business.
Awards
Alight was certified as a Great Place to Work in October 2018. The International Association of Outsourcing Professionals (IAOP) named Alight to The Best of the Global Outsourcing 100 in May 2019. In April 2024 Fortune magazine awarded Alight 74 of 100 companies to work for.
References
External links
{{Finance links
, name = Alight, Inc.
, symbol = ALIT
, reuters = ALIT.N
, bloomberg = ALIT:US
, sec_cik = 1809104
, yahoo = ALIT
, google = ALIT:NYSE
American companies established in 2017
Business services companies established in 2017
Companies based in Lake County, Illinois
Lincolnshire, Illinois
Business process outsourcing companies of the United States
Corporate spin-offs
Companies listed on the New York Stock Exchange